If this continues to hold and NEO at the support level. I expect a breakout and downward movement. Have a nice trade! Your Solldy. This is not an investment advice this is my elliot idea. NEO paused in the area of resistance. Drop down is possible. There was a false positive. I expect a rebound from the level down and a fall. NEO breaks through the next level. I expect a rollback and then the continuation of the downtrend.
Get started. Solldy Premium. ProjectSyndicate Premium. Most alts following BTC pumping to the. AimeeJ Premium. AyoKu Pro. Digital Identity — NEO will enable the creation of identity information of organizations, individuals, and entities in electronic form. These identities will be usable via multi-factor authentication mechanisms such as facial recognition, fingerprints, voice recognition, and SMS.
See our extensive guide on smart contracts here. The smart contract platform developed by NEO is truly revolutionary. In NEO, unlike other smart contract platforms, you need not learn a new smart contract language. If you are a developer using C , Java, or any other mainstream programming language, you can get started right now to code your smart contracts.
DApps — NEO will support the development of decentralized applications by continuously supporting and developing more mature development tools and techniques. See our extensive guide on DApps here. Some of the examples of DApps are smart funds, AI-assisted legal smart contracts, and decentralized exchanges.
It has a hard cap total of million tokens which will be used in block creation, network management, network changes, and other consensus requirements. These million tokens were all pre-mined during the genesis block creation. One unique thing to note is that NEO is unlike other cryptocurrencies in the fact that it is not divisible; the smallest unit will always be 1.
GAS will be used for resource allocation and network charges for operations such as running DApps, smart contracts, and providing incentives for maintaining the blockchain. Buy NEO from Changelly. Buying NEO directly from fiat currency is a little difficult. The procedure is very simple. I have used Changelly several times without any issues.
You can check out our Changelly review here. CoinSwitch is also an exchange platform similar to Changelly. NEO is a great project with potential equal to possibly even greater than Ethereum. NEO runs on a specifically developed proof of stake consensus mechanism which is arguably the best proof of stake mechanism available.
This is a positive thing for developers because it lowers the entry barrier for them and reduces the time-cost factor for learning a whole new smart contract language. This one single point alone makes it a strong competitor of Ethereum because, with more common languages available to devs, more smart contracts and DApps will be deployed on the platform, thus causing a price rally. From a technological point of view, NEO looks better than many other projects out there as it is also Turing complete , like Ethereum.
The biggest hurdle right now with NEO is the China regulation scene. For now, the price will fall more until it found proper support. So let me know: Are you invested in NEO? Share your thoughts with us in the comments below! Like Neo, I have covered in depth guide about many popular cryptocurrencies. You can read about them by clicking the link below:. Harsh Agrawal is the Crypto exchanges contributor for CoinSutra. He has a background in both finance and technology and holds professional qualifications in Information technology.
Thank you so much! Your article is very clear. Now I can understand so many things! Best regards! Is NEO dead? Is China working on regulating NEO? Thank you J. NEO is certainly not Dead. China would be naive to do away with this breakthrough technology.
You will certainly see short-term quietness but overall it should be good when regulations are put in place.
The live Neo price today is $ USD with a hour trading volume of $95,, USD. We update our NEO to USD price in real-time. Neo is down % in the. Features the NEO USD price, real-time (live) charts, NEO news and videos. Learn about NEO coin, NEO price, crypto trading and more. April 12, - The current price of Neo is $ per (NEO / USD). Neo is % below the all time high of $ The current circulating supply is.